THE WALTHAM FOREST ISLAMIC ASSOCIATION
Social Service, Mulslim Prayer Gathering, Islamic Education for Children.
Objects
1) TO PROMOTE THE ISLAMIC FAITH AND IN PARTICULAR TO SUPPORT, EXPAND AND DEVELOP THE CHARITABLE ISLAMIC INSTITUTIONS IN THE LONDON BOROUGH OF WALTHAM FOREST AND 2) THE RELIEF OF POVERTY.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £9,742,315, representing a net increase of £192,638 for the year. The trustees report adequate resources to continue operations for at least twelve months and note that the charity relies on fluctuating donations from members. No specific reserves policy target is stated, only a general aim to maintain sufficient liquid funds.
What the accounts disclose
“The trustees aim to ensure that the charity has sufficient resources to continue its activities and to meet its obligations and to provide for future capital expenditure. To this end, it is considered prudent that sufficient liquid funds are maintained.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Abdul Majidchair
- Aamir Habib
- Ali Akbar
- Ghulam E Haider Ali
- Irfan Khaliq
- Mansoor Ramzan
- Mohammed Ilyas
- Nadeem Razwan
- Nisar Ahmed
- Nisar Ahmed
- Ramzan Abrahim
- SAQIB HUSSAIN
- Sajid Butt
- Tariq Mahmood
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £665k | £473k |
| 31/03/2024 | £543k | £427k |
| 31/03/2023 | £634k | £469k |
| 31/03/2022 | £508k | £324k |
| 31/03/2021 | £381k | £219k |
Common questions
Is THE WALTHAM FOREST ISLAMIC ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £9,742,315, representing a net increase of £192,638 for the year. The trustees report adequate resources to continue operations for at least twelve months and note that the charity relies on fluctuating donations from members. No specific reserves policy target is stated, only a general aim to maintain sufficient liquid funds. Its FY2025 accounts were audited by TC Group.